T1 Energy files resale prospectus for 32,258,059 shares tied to convertible notes conversion
TE•Resale prospectus filed for shares tied to convertible notes
T1 Energy filed a resale prospectus supplement covering up to 32,258,059 common shares tied to its 4.75% Convertible Senior Notes due 2031.
The shares are issuable on note conversion, assuming physical settlement for all conversions, including the maximum make-whole share issuance.
The filing registers potential secondary sales by selling stockholders; it does not represent an issuance or sale of securities by the company.
No proceeds would go to the company from any selling stockholders’ sales of the registered shares.
